News: Retail

Jamieson of Capital Commercial leases 2,850 s/f to Stop and Save

Capital Commercial Real Estate, LLC recently leased 2,850 s/f of retail space formerly occupied by Blockbuster video at Hockomock Plaza located on Rte. 106. The new tenant, Stop and Save, LLC, will be operating a full service convenience store selling lottery, milk, bread, candy, beverages, chips, coffee, and bagels, as well as many other convenient on the go items. Other tenants located at Hockomock Plaza include Subway, Bridgewater Savings, Hockomock Liquors, and Farley's Flowers. George Jamieson, principal of Capital Commercial Real Estate, LLC, who represented the landlord Amerigian Irrevocable Trust, and procured the tenant, said, "This location has 38,000 cars passing by a day and made perfect sense for a convenience store. In fact, the store was once home to Christy's and 7-Eleven." Interior construction is underway and Stop and Save is planning a September opening. Capital Commercial Real Estate, LLC is a full service commercial real estate firm providing business owners and investors with leasing and sales brokerage and advisory services throughout Boston and the South Shore.
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Retail

McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

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Columns and Thought Leadership
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.